Section 54 in The Assam State Co-operative Agriculture and Rural Development Bank Limited
54. Function of sub-committee.
- The sub-committee shall primary deal with loan application and membership applications required to come through the Branch and exercise such powers delegated to it by the Executive Committee, but final authority of sanction or refusal of loan, shall rest with the Executive Committee of the Bank. The Chief Executive Director and the Executive Director shall have access to all books and records of the Branches-(a)The Executive Committee shall be competent to form sub-committees for specific purposes.
